Talking money matters can be often tough so read on for how you can have a meaningful discussion about this sensitive topic with your spouse.
You know you have to eventually have that talk with your partner – yes, the one about money. But that conversation shouldn’t be painful or lead to the end of your relationship.
One person may view money as a means to freedom, while another sees it as a means of security, and yet another might be intimidated by it.1. Understand that everyone has different views on money Does your partner know these things? What are you shared goals as a couple? What are your individual goals?
For one thing, the earlier you start, the more comfortable you’ll get talking about money, and the fewer surprises you’ll face later on. To empower each other , have regular conversations, and understand that compromises usually have to be made. This way a couple can discuss and ask questions about how their net worth is progressing, how they are working on paying off their mortgage, and in general feel secure about how their shared ideal financial picture is developing.
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